Elliott Wave on the USD

The last update on the USD illustrated a brief move lower before further upside,
but the count has fallen deeper into a triangle pattern which we identified
to members on Oct 26th 2006.

Wave (D) for the contracting triangle should be close to completion before
a move higher to complete the triangle as wave (E). This triangle corresponds
to our Silver and Gold counts and many Gold and Silver charts that we have
illustrated on the site. Our charts for the CAD and EURO also support the triangle
count for the USD.

At this juncture we expect another advance in wave (E) to the 86.5-87 area
before further downside. These charts are only a guide so that you can follow
the action and watch for the expected action to complete the triangle. The
action could play out exactly as illustrated or it may need adjustments as
we follow it through.

If you are interested in viewing these updated charts and other detailed charts
with targets on a daily basis, please see the registration details below.

To learn more on the status of Gold, Silver, HUI and the USD, please
visit the link below for registration details. The commentary and forecasts
are updated daily, including intraday commentary and chart updates. Fibonacci
pivot dates and cycle analysis are also utilized to forecast reversal dates.